Streetbeat News

Analyst Ratings

UTHY

Hedge fund manager Bill Ackman, founder of Pershing Square, has stated that his firm remains short on bonds, particularly 30-year bonds, due to expectations of rising long-term rates. Ackman cited factors such as the end of the peace dividend, rising worker and union bargaining power, and high national debt as reasons for his stance. He also criticized the non-filling of the Strategic Petroleum Reserve and the expensive transition to electric vehicles. The U.S. Treasury 30-Year Bond ETF (NASDAQ:UTHY) ended Thursday’s session down 2.40% at $43.65.

Portfolio Pulse from Shanthi Rexaline

September 22, 2023 | 9:59 am

NXT

Wolfe Research analyst Steve Fleishman has initiated coverage on NEXTracker (NASDAQ:NXT) with an Outperform rating and a price target of $52.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:50 am

GLBE

UBS analyst Kunal Madhukar has initiated coverage on Global E Online (NASDAQ:GLBE) with a Buy rating and a price target of $50.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:49 am

BIGC

UBS analyst Chris Kuntarich has initiated coverage on BigCommerce Holdings (NASDAQ:BIGC) with a Neutral rating and a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:48 am

GDDY

UBS analyst Chris Kuntarich has initiated coverage on GoDaddy (NYSE:GDDY) with a Neutral rating and a price target of $80.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:45 am

WIX

UBS analyst Chris Kuntarich has initiated coverage on Wix.com (NASDAQ:WIX) with a Buy rating and a price target of $125.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:44 am

SQSP

UBS analyst Chris Kuntarich has initiated coverage on Squarespace (NYSE:SQSP) with a Buy rating and a price target of $40.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:42 am

USPH

JP Morgan analyst Calvin Sternick initiates coverage on US Physical Therapy (NYSE:USPH) with an Overweight rating and a price target of $108.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:40 am

EXTR

UBS analyst David Vogt has initiated coverage on Extreme Networks (NASDAQ:EXTR) with a Buy rating and a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:39 am

ICE

Goldman Sachs analyst Alexander Blostein has reinstated a Neutral rating on Intercontinental Exchange (NYSE:ICE) and set a price target of $125.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 9:37 am